| 词汇 | flexible-trust |
| 释义 | flexible trust noun[ C ] FINANCEukus an investment plan that is a way of leaving money to someone after you die, in which the trustees(= the people who manage the plan) can decide who will receive the money, from an agreed list, and how the money is shared: A flexible trust can help with Inheritance Tax planning. a financial arrangement in which the trustees(= people who manage someone else's money) can decide what investments to make and how to use any income from these investments, within limits that have been agreed Compareabsolute trust discretionary trust Examples of flexible trustflexible trust It is very important to fix clearly the responsibility for investment policy in the case of a flexibletrust—that is, one in which the investments can be changed. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 This applies to many more trusts, including discretionary/flexible trusts, than previously under legislation introduced by the 2006 budget. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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